What is WPI-based Inflation
Latest Updates on WPI-based Inflation
The rise in WPI inflation was led by food inflation. The index in this category rose steeply by 4.69% in November as compared to 1.07% in October
Assam, Haryana, Madhya Pradesh, Manipur, Mizoram, Odisha, Uttarakhand, West Bengal, and Delhi experienced higher rural inflation than urban inflation
Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel
The committee held the lending rate, or the repo rate , at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35%
Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.
Repo rate and the reverse repo rate remain unchanged at 4% and 3.35%
Wholesale inflation came in at (-)1.81% in June 2020, due to the implementation of a stringent nationwide lockdown
India's annual wholesale price inflation eased to 12.07% in June from the previous month's record of 12.94%, despite a spike in costs of fuel and manufactured goods
At a time of declining incomes, people don't have money. So they do not buy. If they don't buy, prices must fall, not increase. What, then, explains the inflation? T C A Srinivasa Raghavan explores
Hopes for policy rate reduction in near term dim even as economic uncertainty looms large amid the second Covid-19 wave
The reasons for the pessimism were deteriorating sentiments on general economic situation, income and prices, the RBI said. The current situation index had hit a record low of 49.9 in September
With a strong uptick in commodity prices, there exists a possibility of price hikes in consumer durables towards the end of March or beginning of April, as per Motilal Oswal Institutional Equities
After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent
The WPI inflation was 1.22 per cent in December, 2020 and 3.52 per cent in January last year
RBI has done exceptionally well in managing government's extended borrowing this year when fiscal deficit has shot-up to 9.5 per cent of GDP
Higher inflation projection rules out any rate cut possibility in the first half of FY22; bond yield jumps
Projection for CPI-based inflation revised to 5.2% for Q4 of FY21, for H1 of FY22 at 5% to 5.2%, and for Q3 of FY22 at 4.3%
The other signals expected from the policy related to the rollback of measures announced during the pandemic
The central bank had slashed the repo rate by 115 basis points since late March 2020 to support growth
The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with the RBI